512 Scurfield Boulevard – Property Summary
Key Characteristics & Buyer Profile
This 1993 home in Whyte Ridge offers 1,902 square feet of living space on a 5,250-square-foot lot, with a current assessed value of $533,000. The living area is the standout feature: it ranks in the top 13% citywide and is noticeably larger than both the neighbourhood average (1,666 sqft) and the city average (1,342 sqft). The assessed value, while above average for Winnipeg as a whole, sits right around the median for both its street and neighbourhood—meaning you’re getting more square footage without a proportional price premium.
The lot size is slightly below average for the area (5,250 sqft versus a neighbourhood average of 6,175 sqft), and the home is a bit older than some neighbours, but not dramatically so. The property’s appeal lies in its interior space relative to cost. Buyers who prioritize room to spread out over a large yard or brand-new construction will find the trade-off worthwhile. This would suit a growing family, someone who works from home and needs dedicated square footage, or a buyer looking for solid value in an established middle-ring suburb—someone who isn’t chasing the newest build but wants more usable space than most comparably priced homes offer.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The assessed value of $533,000 is essentially at the median for Scurfield Boulevard (average $534,100) and close to the Whyte Ridge average of $529,600. It’s significantly above the citywide average of $390,100, which reflects the neighbourhood’s desirability and the home’s larger size. In short, the assessment is consistent with local norms.
2. Is the lot size a limitation?
At 5,250 square feet, the lot is smaller than typical for Whyte Ridge (average 6,175 sqft). It’s not unusually small by city standards (it’s right around the median citywide), but if you’re looking for a deep backyard or room for a large addition, this property may feel tight. It’s more of a standard suburban lot than a generous one.
3. Why is the living area so much larger than the neighbourhood average but the assessed value not proportionally higher?
This is often a function of how assessed values are calculated. Assessors weigh multiple factors—location, age, condition, lot size, and recent sales—not just square footage. The home’s 1993 build year and slightly smaller lot likely temper the value, while the neighbourhood’s overall price floor keeps it from being a bargain. The result is a home that gives you more interior space per dollar than many nearby options.
4. How does the age of the home affect its practicality?
Built in 1993, the home is newer than the Winnipeg average (1966) but slightly older than the street median (1996). This means major systems—roof, furnace, windows—may be at or approaching the 25-to-30-year mark, depending on when they were last updated. A buyer should budget for potential replacements, but the home is not old enough to be considered a fixer-upper by most standards.
5. What does the “top 13% citywide for living area” actually mean in real-world terms?
It means that out of nearly 200,000 comparable properties in Winnipeg, this home has more interior square footage than 87% of them. Practically, you’ll likely have larger bedrooms, a more spacious main floor, and better options for separate living and dining areas than what’s typical for a home in this price range. It’s the kind of difference you feel when moving furniture around or hosting guests, not just a number on a page.